“Direct air capture shouldn’t be compared to point source carbon capture, what it should be compared to is [SAF],” the CEO said. SAF has more emissions than Oxy’s net zero oil, she continued.
direct air capture (DAC)
“This joint investment in the proposed first megatonne [DAC] facility in the region exemplifies Adnoc’s commitment to leverage partnerships and promising technology to accelerate our decarbonisation journey on the way to net zero by 2045.”
Occidental Petroleum has agreed to partner with the top oil producer in the United Arab Emirates to explore investment in the US and overseas for giant plants that suck carbon dioxide out of the sky.
Shell Ventures principal Bilal Ahmad said he saw more opportunity in “clean energy than I see in oil and gas. As a venture fund, we’ve ceased investing in oil and gas. It doesn’t make sense, from a returns perspective.”
While Europe has been grappling with the impacts of the war in Ukraine and the huge price rises in oil and gas that it has brought, in the US, the energy landscape looks very different.
UK-based decarbonisation developer Storegga has launched a new Americas business, led by the former head of Norwegian independent Noreco.
It’s not often an entire train of thought is triggered by a report on an unusual event in the world of ornithology.
Storegga has urged the UK Government to “push the button” on emissions-busting technology which could create thousands of jobs in Aberdeenshire.
Storegga is behind multibillion-dollar emissions-busting plans for north-east Scotland, including the Acorn carbon capture and storage (CCS) project. CEO Nick Cooper sits down with Energy Voice to assess the landscape.
UK carbon capture developer Storegga has appointed Michael Alsford into the new role of head of corporate finance and investor relations.
Storegga has signed a memorandum of understanding (MoU) with the Alliance for Sustainability Leadership in Education (EAUC), which will support its plans to build a direct air capture project in Aberdeenshire.
Low carbon technology firm Storegga has signed an agreement to advance the deployment of direct air capture (DAC) in Scotland.
The UK has the potential to be a global leader in carbon capture and direct air capture technologies – but large-scale projects must be developed rapidly if our net zero goal is to be achieved.
Worley has been awarded a services contract with Occidental to help develop a facility for producing low carbon fuels via direct air capture (DAC) in Canada.
An emissions busting technology that is being backed by several large oil and gas firms could be a “non-starter” in the short term, according to researchers.
A new service that allows companies and individuals to pay to remove carbon from the atmosphere has today been launched.
Plans to develop a large-scale facility in the north-east, capable of removing carbon from the atmosphere, have taken a step forward.
A new system that allows customers to pay to have carbon dioxide removed from the atmosphere has been launched today.
Occidental Petroleum has made another discovery in Abu Dhabi’s Block 3, the company revealed during a quarterly results conference call.